Lucas TVS bets big on diverse portfolio for future growth

Tier-1 major Lucas TVS is bullish about strong growth in the coming years. The company is betting big on the growing demand for its products, which comprise a healthy mix of ICE and EV components. 

Arvind Balaji, Managing Director, Lucas TVS, says, "ICE will contribute a much bigger portion of our revenues, and we expect a high single-digit growth rate over the next few years. We have developed a strategy to make ourselves as agnostic to market trends as possible."

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